2019 Budget: Bill Passes Second Reading In Senate - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
March 19, 2019
The Senate on Tuesday passed the 2019 appropriation bill ofN8.82 trillion for second reading.
The budget has a recurrent expenditure of N4 trillion while N2 trilliongoes for capital expenditure with N2.2 trillion and N492 billion for debtservicing and statutory transfers respectively.
Speaking at the end of deliberations, Senate President, BukolaSaraki advised that there is still a lot of work that needs to be doneconcerning the issue of the actual capital expenditure.
The budget has been referred to the Committee on Appropriationand they are expected to report back in two weeks.